China Hon Hai, Taiwan, Foxconn invests in assembly plant in Vietnam
The opening of Foxconn's TV assembly plant in the northern province of Quang Ninh will create 3,000 jobs.
At a working meeting, the People's Committee of Quang Ninh province near Halong Bay, northern Vietnam, announced that Apple's largest supplier Foxconn will invest $40 million in Dongmai Industrial Park to develop a TV assembly plant. Did.
According to Harry Zhuo, General Director of Foxcon Vietnam, Quang Ninh Province is a promising investment destination for many global companies because of the well-developed transportation infrastructure system, and Foxcon wants to take advantage of its favorable investment environment. thinking about.
China Promising investment in assembly plant, Hon Hai in Taiwan, Vietnam invested by Foxcon
In accordance with Foxconn's plans, Vice Chairman Nguyen Van Thang of the Quang Nin People's Committee has promised to provide management procedures to receive the investment certificate, a favorable investment environment and support the group.
Foxconn has been in operation for 12 years and specializes in electronic spare parts, IT and telecommunications. Foxconn currently owns three factories including Funing Precision Component Co., Ltd. in Bac Ninh Province, Vietnam and Fuhong Precision Component Co., Ltd. in Bac Gan Province.
Foxcon is one of the world's largest contractors for telecommunications equipment, owns three brands: Nokia, Sharp and Infocus, and is also committed to manufacturing mobile phones.
In 2016, Foxconn and HMD Global in Finland acquired Microsoft Vietnam's smartphone factory for $350 million to produce feature phones and smartphones.
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